Which of the Following Is Not a Characteristic of Property

question 81

Multiple Choice

Which of the following is not a characteristic of property, plant and equipment (PPE) ?

• A)PPE are held for sale in the ordinary course of business.
• B)PPE are held for administrative purposes of the business.
• C)PPE are held for use in the ordinary course of business.
• D)PPE are held for rental to others by the business.

---

Definitions:

Appearance Time

The period or moment at which something or someone becomes visible or presents itself, often used in the context of events or symptoms.

Hemolytic Disease

A condition, often of the newborn, caused by the destruction of red blood cells leading to symptoms like anemia and jaundice.

Jaundice

A medical condition characterized by yellowing of the skin and the whites of the eyes, caused by high bilirubin levels.

Birth

The process by which a baby is born, marking the end of pregnancy.